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methodical
4 months ago
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Robinhood now lets your AI agents trade stocks
I'm unsure what SpaceX's weighting would be in QQQ but with Tesla being <3.54% weighting it would take both companies being 0s within a year to offset the cost in taxes from reweighting...
tombert
4 months ago
[–]
Everyone keeps saying this but I'm a little confused; you're still paying the reweighting taxes with QQQ, it's just rolled into the management fees.
kgwgk
4 months ago
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parent
[–]
https://www.fidelity.com/learning-center/investment-products...
tombert
4 months ago
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root
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parent
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Yeah I just looked it up myself. I was wrong; taxes are definitely more efficient with ETFs.
Now this idea is sounding pretty stupid. Damn.
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